The trumpet man has begun his second year in office and is still so unstable, believes he has to continue to lie to the nation and his base to satisfy his ego and mental state of mind. And this time the lie was over a issue that matters not one flip. Trump said his State of the Union address was watched by the highest number of people in history, 45.6 million viewers.
Neilson, which does the TV ratings says not so. That the State of the Union address of President Bush in 2002, President Obama in 2010 and President Clintons in 1994 were higher at 51.7 million, 48 million and 46.8 million. It was not the first time trump has lied about TV coverage of his Presidential events and one can be sure it will not be his last lie. Trump's mental instability continue to take a toll on the highest office in the land and America's institutions, especially the intelligence community, the FBI the judicial system and congress.
And now we are witnessing a full court press by the trumpet man and the GOP to derail the special prosecutors investigation of Trump and others involvement with Russia and the obstruction of justice. The desire to kill American's democratic process has been unprecedented by Trump and the GOP. Make no mistake, Trump and his party in congress are following an un-American assault against every thing good about the country and its people.
Impeachment is the only answer to the unstable and corrupt trumpet man. And the special prosecutor is getting closer every day for the axe to drop.
This commentary written by Joe Lorio
Sunday, February 4, 2018
January Job Numbers and Unemployment
The U.S. Labor Department reported the economy created 200,000 new jobs in January and that the unemployment rate was unchanged at 4.1%. It was the 88th straight month of positive job growth as the economy continues its upward trend. Median family income was up for 2017 which began its climb in 2013. The increase in the minimum wage by 20 plus states and many business was responsible for part of the increase.
In January of 2017, President Obama's last month in office the economy created 227,000 new jobs and the unemployment rate stood at 4.8%. It was 7.8% when Obama took office in January 2009. So unemployment decreased 3% during President Obama's eight years in office. Unemployment decreased 3.1% during Clinton's two terms and decreased 3.2% during the Kennedy-Johnson two terms. Unemployment decreased the most under those three democratic administrations than any other administration in the last 67 years.
So what can the people look for economically this year and in the future. Trump's treasury secretary gave us a hint the other day when he stated the administration would ask congress to increase the governments debt ceiling earlier than planned because the recently passed tax cuts are reducing federal revenues and the debt limit will be exceeded earlier than projected. Also keep in mind no matter the fake news coming out of the administration, Trump and the GOP did not pass one piece of legislation last year that can be considered progressive for the economy.
PolitiDose will continue to be the leader in bringing its readers the economic facts so stay tuned to your daily dose of political commentary.
This commentary written by Joe Lorio
In January of 2017, President Obama's last month in office the economy created 227,000 new jobs and the unemployment rate stood at 4.8%. It was 7.8% when Obama took office in January 2009. So unemployment decreased 3% during President Obama's eight years in office. Unemployment decreased 3.1% during Clinton's two terms and decreased 3.2% during the Kennedy-Johnson two terms. Unemployment decreased the most under those three democratic administrations than any other administration in the last 67 years.
So what can the people look for economically this year and in the future. Trump's treasury secretary gave us a hint the other day when he stated the administration would ask congress to increase the governments debt ceiling earlier than planned because the recently passed tax cuts are reducing federal revenues and the debt limit will be exceeded earlier than projected. Also keep in mind no matter the fake news coming out of the administration, Trump and the GOP did not pass one piece of legislation last year that can be considered progressive for the economy.
PolitiDose will continue to be the leader in bringing its readers the economic facts so stay tuned to your daily dose of political commentary.
This commentary written by Joe Lorio
Subscribe to:
Posts
(
Atom
)